Bursa Malaysia falls sharply as short-selling activities resume


KUALA LUMPUR: Bursa Malaysia experienced accelerated selling pressure on the first trading day of the year as the the suspension on regulated short-selling was lifted.

Glove counters, which had been bought up to historic highs in light of the pandemic and were expected to consolidate further amid developments on the vaccine front, succumbed to a steep sell-off.

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Bursa Malaysia , FBM KLCI , equities

   

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